Ebay’s IPO: The rare dotcom survivor

Ebay’s IPO: The rare dotcom survivor

On September 24, 1998, Ebay held its IPO at $18 per share, reaching $53 per share in its first day, making founder Pierre Omidyar and president Jeffrey Skoll instant billionaires. Ebay’s first annual report listed the company’s dependence on the continued strength of the Beanie Baby market as a risk factor. Needless to say, Ebay overcame both the Beanie Baby bubble bursting and the dotcom bubble bursting, coming out on the other side as one of the few survivors of the dotcom era.

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NEC V20 CPU: A bit of pep for an XT

NEC V20 CPU: A bit of pep for an XT

The NEC V20 was an Intel 8088-compatible CPU that ran slightly faster. It was a niche CPU in the 1980s and 1990s but had a following as a cheap upgrade for power users, especially in instances where motherboard swaps were impractical. It’s popular with retro computing enthusiasts today, as a period-correct upgrade. On September 22, 1986, NEC prevailed over Intel in court, clearing the way to sell it.

The NEC V20 was pin-compatible with the Intel 8088 but included some unique forward and backward compatibility features. It included the 80186 instruction set and could also emulate the Intel 8080, in addition to being faster than the 8088.

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Diamond Rio PMP300

Diamond Rio PMP300

On September 15, 1998, Diamond Multimedia introduced an MP3 player, the Diamond Rio PMP300. It wasn’t the first MP3 player, but it made the MP3 player mainstream. I had one. It wasn’t exactly great, but I understand why the RIAA was afraid of it. That’s one of the main reasons I spent $200 to get one. I got mine so early the RIAA hadn’t been able to sue Diamond Multimedia yet.

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